Piedmont Realty Trust Inc

Common Name
Piedmont Realty Trust
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
150
Ticker
PDM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Piedmont Office Realty Trust Inc. is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of high-caliber office properties. This company primarily invest...

Piedmont Realty Trust's GHG Emissions Data Preview

In 2024, Piedmont Realty Trust completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Piedmont Realty Trust has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Piedmont Realty Trust’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Piedmont Realty Trust’s data sources below and access millions more through our Disclosure Search.

a. Piedmont Realty Trust's Corporate Responsibility Report (CRR) 2024
a. Piedmont Realty Trust's Corporate Responsibility Report (CRR) 2024
b. Piedmont Realty Trust's ESG Report 2023
b. Piedmont Realty Trust's ESG Report 2023
c. Piedmont Realty Trust's ESG Report 2020
c. Piedmont Realty Trust's ESG Report 2020

Insights into Piedmont Realty Trust's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Piedmont Realty Trust amounted to 76,657 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Piedmont Realty Trust decreased by 1.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Piedmont Realty Trust's Scope 1 Emissions Over Time

20182019202020222023202404509001.35 k1.8 ktCO2e+8%-38%-7%-11%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Piedmont Realty Trust's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Piedmont Realty Trust were 829 metric tons of CO₂ equivalent (tCO₂e). a

Has Piedmont Realty Trust reduced its Scope 1 emissions over time?

Since 2018, Piedmont Realty Trust's Scope 1 emissions have decreased by 45.46%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Piedmont Realty Trust's Scope 1 emissions decreased by 1.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Piedmont Realty Trust's Scope 2 emissions?

In 2024, Piedmont Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 74,934 tCO₂e using the market-based method and 75,828 tCO₂e using the location-based method. a

Has Piedmont Realty Trust reduced its Scope 2 emissions over time?

Since 2018, Piedmont Realty Trust's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 42.59%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Piedmont Realty Trust's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Piedmont Realty Trust 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Piedmont Realty Trust use for Scope 2 reporting?

In 2024, Piedmont Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method. a

Piedmont Realty Trust's Scope 2 Emissions Over Time

201820192020202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Piedmont Realty Trust's Value Chain Emissions

In 2024, Piedmont Realty Trust reported 6,695 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Piedmont Realty Trust includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Piedmont Realty Trust's Scope 3 Emissions Over Time

20222023202403.5 k7 k10.5 k14 ktCO2e-15%-37%
  • Total Scope 3
  • Year-over-Year Change

What are Piedmont Realty Trust's Scope 3 emissions?

In 2024, Piedmont Realty Trust reported total Scope 3 emissions of 6,695 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Piedmont Realty Trust's Scope 3 emissions decreased by 36.86%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Piedmont Realty Trust’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Piedmont Realty Trust reported Scope 1 greenhouse gas (GHG) emissions of 829 tCO₂e and total revenues of USD 570 millions. This translates into an emissions intensity of 1.45 tCO₂e per millions USD. a

Piedmont Realty Trust's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000200,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)Douglas EmmettYear: 2023Scope 1: 6,773 tCO2eRevenue: $M 1,020Scope 1 Intensity: 6.64 tCO2e/$MAlexandria Real Estate EquitiesYear: 2024Scope 1: 108,507 tCO2eRevenue: $M 3,050Scope 1 Intensity: 35.58 tCO2e/$MChatham Lodging TrustYear: 2023Scope 1: 6,208 tCO2eRevenue: $M 311Scope 1 Intensity: 19.96 tCO2e/$MBXPYear: 2024Scope 1: 12,637 tCO2eRevenue: $M 3,408Scope 1 Intensity: 3.71 tCO2e/$MFranklin Street PropertiesYear: 2023Scope 1: 1,124 tCO2eRevenue: $M 146Scope 1 Intensity: 7.71 tCO2e/$MHudson Pacific PropertiesYear: 2023Scope 1: 13,272 tCO2eRevenue: $M 952Scope 1 Intensity: 13.94 tCO2e/$MHighwoods PropertiesYear: 2023Scope 1: 1,929 tCO2eRevenue: $M 834Scope 1 Intensity: 2.31 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$MJBG SMITH PropertiesYear: 2023Scope 1: 9,462 tCO2eRevenue: $M 604Scope 1 Intensity: 15.66 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$MSabra Health Care REITYear: 2024Scope 1: 6,694 tCO2eRevenue: $M 703Scope 1 Intensity: 9.52 tCO2e/$MRayonierYear: 2024Scope 1: 557 tCO2eRevenue: $M 1,263Scope 1 Intensity: 0.44 tCO2e/$MHealthcare Realty TrustYear: 2023Scope 1: 21,152 tCO2eRevenue: $M 1,344Scope 1 Intensity: 15.74 tCO2e/$MEPR PropertiesYear: 2023Scope 1: 6,064 tCO2eRevenue: $M 660Scope 1 Intensity: 9.19 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MSL Green RealtyYear: 2023Scope 1: 3,991 tCO2eRevenue: $M 914Scope 1 Intensity: 4.37 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MPotlatchdelticYear: 2024Scope 1: 45,000 tCO2eRevenue: $M 1,062Scope 1 Intensity: 42.37 tCO2e/$MVornado Realty TrustYear: 2024Scope 1: 22,586 tCO2eRevenue: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MXenia Hotels & ResortsYear: 2023Scope 1: 19,651 tCO2eRevenue: $M 1,025Scope 1 Intensity: 19.16 tCO2e/$MPiedmont Realty TrustYear: 2024Scope 1: 829 tCO2eRevenue: $M 570Scope 1 Intensity: 1.45 tCO2e/$M

How does Piedmont Realty Trust's GHG emissions intensity compare to its peers?

In 2024, Piedmont Realty Trust reported a Scope 1 emissions intensity of 1.45 tCO₂e per millions USD. Compared to the peer group median of 9.19 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Piedmont Realty Trust rank on GHG emissions intensity within its industry?

In 2024, Piedmont Realty Trust ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Piedmont Realty Trust among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Piedmont Realty Trust's Total Carbon Footprint

In 2024, Piedmont Realty Trust reported a total carbon footprint of 83,352 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.58% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Piedmont Realty Trust's total carbon footprint was Scope 2 emissions, accounting for 90.97% of the company's total carbon footprint, followed by Scope 3 emissions at 8.03%. a

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